SUM 5.00% 19.0¢ summit minerals limited

SUM Chart, page-1236

  1. 1,350 Posts.
    lightbulb Created with Sketch. 351
    The strike price on the $SUMO options is 25c? Trading at circa 6c = 31c on conversion.

    So they are negative -11.5c on conversion with the heads trading at 19.5c,

    That is a rather significant premium and bold buying.

    IMO DYOR
    Last edited by glossy: Today, 10:41
 
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SUM (ASX) Chart
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